SkyTerra Communications, Inc. (OTCBB: SKYT) has further extended the expiration date for its previously announced offer (the “Offer”) to issue options to purchase shares of common stock of SkyTerra, in replacement of and upon termination of options to purchase limited partnership units of Mobile Satellite Ventures L.P. (“MSV”). The Offer is being made pursuant to an amended prospectus dated May 15, 2008, and related supplemental materials, which more fully set forth the terms of the Offer.—Reston, Virginia


